Uralkali’s CFO Resigns #potash

Uralkali Announces Senior Management Change

Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that Viktor Belyakov has resigned from his position as Chief Financial Officer of the Company.

Anton Vishanenko will act as the interim CFO until the next Board of Directors meeting scheduled for the end of October when the Board will consider his appointment as the permanent CFO. Viktor Belyakov will advise the interim CFO in order to ensure an effective and smooth transition of responsibilities.

Anton Vishanenko has extensive financial experience in the role of Chief Financial Officer at several major Russian companies, including Mechel, UralChem and Novorossiysk Commercial Sea Port. He holds an Executive MBA from INSEAD, and is a member of ACCA and CPA.

Dmitry Osipov, Uralkali CEO, commented: “In his 12 years at Uralkali, Viktor Belyakov has played an instrumental role in the Company’s continued growth. He helped steer the business through key milestones, including Uralkali’s IPO in 2007, the transformative merger with Silvinit in 2011 and the subsequent integration. He also capably led the Company as acting CEO during September-December 2013. We are grateful to Viktor for his excellent work and wish him the very best in his future endeavours”.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca.11,300 people (in the main production unit). Uralkali’s shares and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.